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Then your "knowledge" is badly flawed my friend
Consider how it works?
1. You create an account with an ISP and they assign you an IP Address from their block of many addresses. It is THEIR address, so that is what it will trace back to. Some of them even have strange architectures so that you will go to some "node" or switching centre that just happens to be in use for that connection.
2. Check out "anonymous proxies and TOR" You can go through an anonymiser that will not even show your true ISP's address.
3. The databases that purport to provide these geolocators are frequently out of date so give false information.
4. Consider wireless communications? you can probably connect to a hotspot from several kilometers away and the IP would be that of the hotspot.
5. What if I use my secure VPN and connect to an internet server in Langley, Virginia? Does that mean that my computer is actually in the CIA Headquarters?
Yes, "may be" then I can't determine your physical location.